SHE:301206 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	324.99	160.29	108.81	489.04	515.72
Short-Term Investments	-	2,670	-	-	-
Trading Asset Securities	123.37	-	-	-	0.33
Cash & Short-Term Investments	448.35	2,830	108.81	489.04	516.05
Cash Growth	-84.16%	2501.17%	-77.75%	-5.23%	129.38%
Accounts Receivable	85.5	122.37	80.93	51.11	141.36
Other Receivables	5.07	277.58	6.55	12.82	21.11
Receivables	90.57	399.95	87.48	63.94	162.47
Inventory	174.58	142.71	104.33	96.77	112.16
Other Current Assets	1,450	15.05	21.2	19.62	14.95
Total Current Assets	2,164	3,388	321.81	669.37	805.62
Property, Plant & Equipment	1,147	1,047	987.27	952.98	770.61
Long-Term Investments	42.19	53.18	56.01	60.16	-
Other Intangible Assets	74.67	46.43	47.58	48.73	49.14
Long-Term Deferred Tax Assets	-	-	-	-	2.52
Other Long-Term Assets	990.67	270.33	3,395	3,139	6.27
Total Assets	4,419	4,805	4,808	4,870	1,634
Accounts Payable	95.85	175.7	208.57	184.31	542.47
Accrued Expenses	7.59	8.65	7.69	9.3	6.71
Current Income Taxes Payable	1.17	0	-	-	3.4
Current Unearned Revenue	11.3	4.82	5.18	4.22	11.43
Other Current Liabilities	2.07	54.51	2.75	9.68	0.8
Total Current Liabilities	117.99	243.67	224.2	207.51	564.81
Long-Term Unearned Revenue	2.44	3.51	4.59	0.86	0.99
Long-Term Deferred Tax Liabilities	59.29	66.87	43.61	40.78	23.03
Total Liabilities	179.71	314.04	272.4	249.14	588.83
Common Stock	202.33	202.33	202.33	202.33	101.16
Additional Paid-In Capital	3,517	3,518	3,518	3,518	72.13
Retained Earnings	579.83	788.87	815.19	900.84	872.03
Treasury Stock	-60.69	-17.6	-	-	-
Comprehensive Income & Other	0.16	-	-	-	-
Shareholders' Equity	4,239	4,491	4,535	4,621	1,045
Total Liabilities & Equity	4,419	4,805	4,808	4,870	1,634
Net Cash (Debt)	448.35	2,830	108.81	489.04	516.05
Net Cash Growth	-84.16%	2501.17%	-77.75%	-5.23%	129.38%
Net Cash Per Share	2.26	14.02	0.54	2.45	3.40
Filing Date Shares Outstanding	200.18	200.45	202.33	202.33	202.33
Total Common Shares Outstanding	200.18	200.45	202.33	202.33	151.74
Working Capital	2,046	3,144	97.62	461.86	240.81
Book Value Per Share	21.18	22.41	22.41	22.84	6.89
Tangible Book Value	4,164	4,445	4,488	4,572	996.19
Tangible Book Value Per Share	20.80	22.17	22.18	22.60	6.56
Buildings	-	215.87	172.81	138.83	64.98
Machinery	-	994.69	864.93	786.97	410.28
Construction In Progress	-	48.65	103.69	125.13	357.27

Source: S&P Global Market Intelligence. Standard template. Financial Sources.